• GM
• LYFT
• UBER

GM pulls funding from Cruise robotaxi, Uber and Lyft shares dip

Uber and Lyft stocks fell as GM halted funding for Cruise's robotaxi, raising concerns in the autonomous vehicle sector about investment and competition.

• AMZN
• BIDU
• GM
• GOOGL
• TSLA

GM's Cruise exit turns focus on challenges of scaling robotaxis

GM's exit from its Cruise robotaxi business highlights industry challenges, emphasizing the need for safety and significant funding as competitors advance in autonomous vehicle technology.

• DNUT
• GE
• GM
• GME
• GOOGL
• M
• PLAY

Macy's, Krispy Kreme, Dave & Buster's fall premarket; GameStop rises

US stock futures are steady as investors await inflation data. Key movers include Macy's, Krispy Kreme, Alphabet, and GameStop, reflecting various challenges and developments.

• 1YMZ24
• ESZ24
• GM
• GME
• NQZ24

Wall St advances as inflation data cements December rate-cut hopes

Wall Street indexes rose following an in-line inflation report, increasing expectations for a Federal Reserve interest rate cut. Major stocks, including GameStop and Broadcom, saw notable movements.

• AAPL
• GM
• NKE
• SBUX
• US500

Analysis-Stocks cheered Trump's victory, but tariffs bring unknowns to 2025

• GM
• GME
• PLAY
• RCKT
• SFIX

After-hours movers: GM, Stitch Fix, Dave & Buster's, GME and more

Summary of after-hours stock movements including GM rising, Rocket Pharma declining, and notable results from Stitch Fix and GameStop.

• GM

General Motors to halt funding for robotaxis as part of Cruise restructuring

GM is shifting focus from robotaxis to personal vehicles, merging Cruise LLC with its teams, aiming to save over $1 billion annually by 2025.

• GM

GM to exit Cruise robotaxi business

GM ends funding for Cruise's robotaxi development, citing high costs and competition. Shares increased 3.2%. Restructuring expected to save over $1 billion annually.

• GM
• TSLA

Morgan Stanley ups GM rating, Tesla target

Morgan Stanley upgraded GM, citing improved fundamentals. They raised the price target to $54. Tesla remains a top pick, with a target of $400, anticipating market growth and changes.

• 002594
• F
• GM
• HMC
• STLA
• TSLA
• VOWG_p

BYD on track to top 2024 sales goal and outsell Ford, Honda

BYD is expected to surpass global competitors Ford and Honda in EV sales, with strong growth and market share gains in China amid a tough automotive landscape.